Investments Blog
Kroger is buying Chicago meal-kit company Home Chef
In the wake of threats to the grocery industry from online grocery providers, Kroger Co. recently announced plans to purchase Home Chef, the nation's largest private meal-kit company.
Kroger paid $200 million for Home Chef, and it will pay an additional $500 million if Home Chef hits certain targets.
Home Chef, based in downtown Chicago, employs more than 1,000 employees with distribution centers in Chicago, Atlanta and San Bernadino, California.
The meal-kit delivery company distributes more…
IndyCar bearing Central Standard Craft Distillery logo racing in Sunday’s Indianapolis 500
Local craft distillery Central Standard Craft Distillery will take center stage at one of the biggest events in racing this weekend.
Central Standard, the Walker's Point distillery co-owned by Evan Hughes and Pat McQuillan, will have its logo featured on a car racing in Sunday's Indianapolis 500, the biggest event in American open wheel racing. The distillery has partnered with AJ Foyt Racing and Belardi Auto Racing to put the Central Standard logo on the hood of James Davison's No. 33 car.
Hughes…
Here’s what’s likely behind Chipotle’s decision to leave Denver
The company announced Wednesday it will relocate its headquarters to Newport Beach, California.
Kroger to buy Chicago meal-kit company Home Chef
In the wake of threats to the grocery industry from online grocery providers, Kroger Co. (NYSE: KR) announced plans to purchase Home Chef, the nation's largest private meal-kit company.
Cincinnati-based Kroger will pay $200 million for Home Chef, and an additional $500 million if Home Chef hits certain targets. The deal was announced after markets closed May 23.
Home Chef, based in downtown Chicago, employs more than 1,000 employees with distribution centers in Chicago, Atlanta and San Bernadino,…
Washington Prime’s Dayton Mall loses coffee shop after 12 years
A long-time Winans Chocolates and Coffees location has closed.
Winans franchise owner Ben Czajka said the Winans location at the Dayton Mall closed permanently May 21. Czajka said the closure was part of a decision to “consolidate” the store with the Piqua-based chain's other Centerville-area locations on Feedwire Road and Far Hills Avenue.
“It was more of a strategic move,” he said, adding the Feedwire Road location, which opened a year ago, has been successful.
“It just made sense to consolidate…
After Hours: OCA Sacramento Dragon Boat Festival 2018
The Sacramento chapter of OCA – Asian Pacific American Advocates held its Dragon Boat Festival on May 10 at the DoubleTree by Hilton Hotel Sacramento.
Check out our slideshow to see names and faces from the event. OCA focuses on advancing the social, political and economic well-being of Asian Pacific Islander Americans in the U.S.
The local event celebrated the “Year of the Woman.” The Women of Influence Award recipients included:
Former California Assemblywoman Mariko Yamada
Ching-Hua Wang of…
Aaron Chamberlin has sold one of his restaurants
One of Phoenix's most popular restaurateurs has sold one of his most popular restaurants.
The Arizona Republic reports Aaron Chamberlin has sold his central Phoenix restaurant St. Francis. Chamberlin opened St. Francis in 2009 on Camelback Road just east of First Street across the street from Uptown Plaza. The popular restaurant is known for wood-fired dishes and seasonal ingredients.
According to the Republic, Linh Tran has been identified as a point person for the new ownership of St. Francis.…
J&G Steakhouse at the Phoenician closing for renovations
Fine dining establishment J&G Steakhouse at the Phoenician is closing for the summer to undergo renovations ahead of its 10-year anniversary.
J&G will close June 3 and begin work on a summer-long refresh effort. The steakhouse will receive new flooring, furnishings, decor and color schemes. Other enhancements will be added to seating, outdoor patio and kitchen.
A spokesperson for the restaurant said owners declined to share the total cost of the renovations.
Its updated color palette will include…
Turn-of-the-century apartment building sells for $8.2 million
The post Turn-of-the-century apartment building sells for $8.2 million appeared first on Colorado Real Estate Journal.
Hot spots: Revamped Mortimer’s has new menu, live music (photos)
Mortimer's Bar and Restaurant, the dive bar at the corner of Franklin and Lyndale avenues in Minneapolis since 1976, recently got a revamp that brought in pinball machines, a new menu and more natural light to the space.
Jasha Johnston and Carrie McCabe Johnston, who also own Nightingale and Tilt Pinball Bar in Minneapolis, purchased the business last summer and remodeled the space over the winter.
The project involved adding a wall to divide the space with one area offering a main bar with foosball…